GDP

The disadvantaged position women have on the Dutch labor market costs the Netherlands billions of euros, according to a study done by consultancy firm McKinsey. If the Dutch labor market was as gender-equal as the best performing neighboring countries, the Dutch economy would get a 114 billion euros boost. If the labor market was totally gender-equal, that would generate 221 billion euros, Financieele Dagblad and NOS report.

The Netherlands is one of the countries that will be most negatively affected in the event of a so-called 'hard' Brexit - if the United Kingdom leaves the European Union without trade agreements. Only Ireland will be hit harder, the International Monetary Fund calculates, NU.nl reports.

According to the IMF, a hard Brexit can cost the Netherlands 0.7 percent of its national income. Ireland will see a decrease of 4 percent.

The Dutch economy grew by 3.2 percent last year, and more people in the Netherlands had work than ever before. Despite this, the growth in net disposable income is still lagging behind, Statistics Netherlands reported on Tuesday.

In 2017 net real disposable income - the amount Dutch have left to spend after all premiums and taxes were deducted, corrected for inflation - grew by 1.5 percent. This was the third year in a row that Dutch had more to spend. But the growth is small compared to the 3.2 percent growth in the Netherlands gross domestic product.

Monday's heavy snowfall, and the problems in traffic and productivity it caused, cost the Dutch economy around 35 million euros, according to calculations by the Economic Research Foundation and Statistics Netherlands chief economist Peter Hein van Mulligen, BNR reports.

If there is a whole business day in which no work is done in a quarter, like when Christmas falls on a week day, it costs the Netherlands' GDP 0.2 to 0.3 percent of growth, Van Mulligen said to the broadcaster. That amounts to 350 million euros the Netherlands' economy loses out on.

If the United Kingdom leaves the European Union without a trade treaty, a so-called hard Brexit, the cost to the Netherlands can amount to some 4 thousand euros per working Dutchman, economists at Rabobank calculated on Thursday, NU.nl reports.

The Dutch economy continues to grow steadily and its growth is expected to reach 3.3 percent this year, according to planning office CPB's estimate in its Macro Economic Exploration, which was published on Wednesday. If this estimate holds true, this will be the first time the Dutch economy grows by more than 3 percent since the outbreak of the economic crisis in 2007. In 2018 the gross domestic product is expected to grow by 2.5 percent, NU.nl reports.

After years of a budget deficit, the Dutch government managed to achieve a budget surplus in 2016. And that surplus is even 14 times larger than previously expected - a massive 2.9 billion euros, according to Statistics Netherlands on Friday. The Dutch economy also gew more than expected in previous estimations, RTL Nieuws reports.

The Dutch economy has entered a stable growth path that can continue in the future. After seven years the Netherlands has finally returned to the economic level before the crisis in 2008 and 2009. Though unemployment is still a concern and the gross domestic product per capita is still 2.8 percent lower than in 2008.

The Netherlands has risen three places to once again sit in fifth place on a list of 140 countries that were part of the annual measure of global competitiveness, according to figures released by The Global Competitiveness Report 2015-2016, conducted by the World Economic Forum.

The economic value of Dutch football has been identified as €2.18 billion, according to groundbreaking calculations made by a joint study. Football's estimated impact is worth 0.34 percent of the gross domestic product in the Netherlands.

The national deficit went up to €9.4 billion in the first half of 2014. This is €5.1 billion higher than the same period last year, the Central Bureau for Statistics (CBS). According to the CBS, this rise is because telecom frequency auctions, which started in 2013, are now dropping away.

Labour and consumption are heavily taxed, while wealth is taxed lower than in other Western European countries, according to figures from the Organization for Economic Co-operation and Development (OECD).

A new European algorithm will mean that The Netherlands will spend more money next year on payments to the European Union and development aid, and will make the scope of the Dutch economy a lot bigger than previously calculated.

Of all EU Member States, the Netherlands spends the least on families and children as a proportion of its social spending, according to statistics by Eurostat, the European statistical office, published Thursday.